Product intelligence · HS 810820 · 2024 data
Global exports of titanium: unwrought, powders totalled $1,372,569,617 in 2024, a +14.2% change from the previous year. Traded by 71 countries across 948 bilateral corridors, with demand from 119 importing markets. The long-term trend is rapid growth.
Data: OECD BIMTS · Coverage: 1995–2024 · Updated: 2026-07-17
Global trade
$1.4B
+14.2% YoY
3Y / 5Y CAGR
+21.2%
5Y: +5.1%
Supply structure
Moderately concentrated
HHI 0.177
Volatility
Low
Score 15/100
In 2024, titanium: unwrought, powders trade exhibited strong growth, with global flows reaching $1,372,569,617 and a three-year compound annual growth rate of +21.2% (five-year: +5.1%). The all-time peak of $1,372,569,617 was recorded in 2024.
Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+15.4% acceleration).
The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.177). The three largest exporters — Japan ($429.8M), Kazakhstan ($258.9M), and United States ($242.5M) — collectively dominate supply flows. The leading exporter has grown at +16.1% over the last three years.
On the demand side, importer concentration is moderately concentrated (HHI 0.174). The three largest import markets are United States ($492.8M), United Kingdom ($173.4M), and France ($162.5M). The largest importing market sources from 31 different supplying countries.
Estimated substitution elasticity: -6.26. Buyers are highly price-sensitive and can switch between suppliers relatively easily.
The dominant trade corridor is Japan → United States at $318.5M, representing 64.6% of the importer's total demand.
The volatility score for titanium: unwrought, powders is 15 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.
For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.
Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.
Historical evidence
Peak: $1,372,569,617 in 2024.
| Year | Global trade (USD) | YoY growth |
|---|---|---|
| 2015 | $794,387,719 | +2.1% |
| 2016 | $772,603,561 | -2.7% |
| 2017 | $929,973,192 | +20.4% |
| 2018 | $1,087,222,260 | +16.9% |
| 2019 | $1,069,300,791 | -1.6% |
| 2020 | $685,955,617 | -35.9% |
| 2021 | $770,967,824 | +12.4% |
| 2022 | $940,586,444 | +22.0% |
| 2023 | $1,202,276,433 | +27.8% |
| 2024 | $1,372,569,617 | +14.2% |
Ranked by export value of titanium: unwrought, powders in 2024.
Largest import destinations for titanium: unwrought, powders.
Largest bilateral export flows for titanium: unwrought, powders, ranked by value. Click any country to view its full profile.
| # | Exporter | Importer | Value 2024 | 3Y CAGR |
|---|---|---|---|---|
| 1 | Japan | United States | $318.5M | +27.4% |
| 2 | United States | United Kingdom | $108.9M | +67.6% |
| 3 | Kazakhstan | France | $87.6M | +57.3% |
| 4 | Saudi Arabia | United States | $78.9M | +691.4% |
| 5 | Kazakhstan | Belgium | $51.2M | +58.2% |
| 6 | Japan | United Kingdom | $47.1M | +25.3% |
| 7 | United States | Italy | $43.7M | +62.1% |
| 8 | Russia | Ireland | $41.4M | +25.9% |
Showing top 8 of 10 corridors with available data for 2024.
Go deeper
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Data source
OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 1995–2024.
Key indicators
HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.
How this page is made
All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.
